Claim/Loss Advice

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See the NOVUS Walkthrough Guide for general information about the system.

Provisional Claims Advice

This option is used to produce claim/loss advice to the (re)insurers.

Select the Claim/Loss Advice from the CLMMEN program and click the proceed button.

CLMMEN Claim Loss Advice.png

Field name Description
Claim Ref Claim reference number.
Prov. Or Final Select ‘P’rovisional or ‘F’inal claim advice. This determines the heading on the document.
100% Reserved Enter the currency
Claim No Claim number (display only)
Legal cession Display only
Pol No/Year Policy number and year to which the claim attaches (display only)
Deductible Display only
Section Section to which the claim attaches (display only)
MVN Market version to which the claim attaches (display only)
Due from (re)insurers The amount due from (re)insurers. This field can be edited and (re)insurers removed from the list.
Peril code Peril code applicable to this claim (display only)
Limits Free format text for the description of the limits.
Date of Loss Free format text for details about the date of loss.
Location Further descriptive information can be entered here.
Cat. Details Additional catastrophe code details can be added here.
Insurer Section The system automatically ‘selects’ all insurers as recipients of provisional claims advices. You can use [PRVFLD] to deselect the insurers thereby causing the system to create a set of provisional claims advices for a sub-set of the insurers. The outward reinsurance columns are only applicable to HELIX and although they may be populated they do not affect NOVUS.

Pressing [COMMIT] will create a WP file containing a provisional claims advice for each of the selected (re)insurers. Each claim advice will have details of that insurer’s share. The advices may be printed, faxed, e-mailed etc. as required.

The entered details are stored on the database and re-displayed on running the program a second time. The data may also be retrieved via the sequential claim number if required.

Word Output

CLMMEN Claim Loss Advice document.png

Version History

v 5.0.0 – Updated to latest version